Ciao, at .12 TOMmy may be OK... hard to say. They really need some good news. I've always liked your IRD pick.
I've made some pocket change trading SYB and ONC over the past couple of months. SYB perked up significantly over the last 3 sessions, as well as ONC. With 4+ million shares of ONC being freed up for trading over the next 2-3 months, there could be some real volatility. Best to watch Canaccord sales to get your buy/sell signals - for both.
I'm not sure if I mentioned NSU.... It too has perked up. Too expensive now (for me) given the risk profile, but, it may offer some good upside yet. A feasibility study is suppose to be out soon on their main gold play. This is the 2nd time 'round for their resource estimates, so it's going to be a coin toss.
My current favourite is YMU. I believe I mentioned this one earlier. It's extremely speculative; simply because it's a junior mining play. I like it because 1) they have separate JV agreements with Implats and Falconbridge for PGMs in the Sudbury area, 2) Pt prices are trending upward, 3) PFN, who are also drilling in the RV area of Sudbury, have been seeing favourable drill results, 4) YMU has a batch of drill results due in the next couple of months, and 5) They have a good risk profile (e.g. they're not overpriced).
Like $3.00 was my TOMmy target back in December of '99, .60 is my target for YMU by July 1, 2002. This may be a bit aggressive, but I believe it's a reasonable expectation.
Ciao for now,
JT |
